Vanguard Intermediate-Term Corporate Bond ETF $VCIT Shares Bought by Frank Rimerman Advisors LLC

Frank Rimerman Advisors LLC raised its stake in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) by 194.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 11,755 shares of the company’s stock after buying an additional 7,768 shares during the period. Frank Rimerman Advisors LLC’s holdings in Vanguard Intermediate-Term Corporate Bond ETF were worth $984,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Caldwell Trust Co acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter valued at about $25,000. Chapman Financial Group LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at about $31,000. United Financial Planning Group LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $34,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth about $35,000. Finally, Delos Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $37,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.3%

NASDAQ:VCIT opened at $82.52 on Thursday. The company’s 50-day moving average is $83.62 and its two-hundred day moving average is $83.88. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $78.66 and a 1-year high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The company also recently declared a dividend, which will be paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st will be given a dividend of $0.3438 per share. The ex-dividend date of this dividend is Wednesday, April 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.